The Nigerian Stock Exchange All Share Index retreated 34 basis points in what was one of this year’s most active trading days. The market usually averages about 250 million units but investors staked 970 million units valued...

The South West Zone of the National Association of Microfinance Banks has urged the Central Bank of Nigeria to extend the December 31, 2012 deadline given to them to comply with the Revised Microfinance Policy Framework, which...

The management of Flour Mills Nigeria Plc has announced its merger with subsidiary Niger Mills Limited. According to a statement released by the company last Friday, the merger is intended to create a more efficient company, reduce...

The Progressive Shareholders Association Of Nigeria (PSAN) has called on regulators to do more to increase the activities of domestic investors in the Nigerian Stock Exchange. The shareholders group lamented the huge influx of foreign investment on...

Managing Director of FSDH Merchant Bank Limited, Mr. Rilwan Belo-Osagie has remarked that the high interest rate regime make the issuance of corporate bonds unattractive for firms. The seasoned banker disclosed this to journalists at the unveliling of...

The Group Managing Director of Mainstreet Bank, Faith Tuedor-Matthews recently revealed that a combination of the current liquidity in the system and the decision of the Central Bank of Nigeria’s Monetary Policy Committee to retain the Monetary Policy...

The CEO of the Nigerian Stock Exchange, Oscar Onyema, has stated that the market capitalizastion of the Nigerian market will increase if government creates an enabling environment for initial public offerings to return to the exchange. He said to...

The All share index appreciated by 0.44% to close at 31,583.48. The banking sector was upbeat as 10 participants closed in the green with only Wema (-0.90%) closing in the negative. Cement manufacturers closed well in the...

The Agricultural Minister is anything but short of optimism as regards Nigeria’s agricultural sector. A fact he demonstrated to investors at a round table discussion in Geneva. Discussing with a panel of investors and economic experts, Adesina...

The Nigerian Stock Exchange crossed the N10 trillion mark in Wednesday’s trading session. The performance of the bourse is off to a remarkable start this 2013, mostly due to bullish performance by consumer goods stocks, cement stocks...

The International Finance Corporation has announced innovative plans to launch $50 million/N8 billion worth of bonds and list them on the Nigerian Stock Exchange (NSE). The initiative was announced by the  Vice President and Treasurer, IFC, Mr. Jingdong...

The All Share Index (+1.99%) gained almost 200 basis points in one of the most heavily traded days of the market this year. 798.3 million shares valued at N5.1 billion were traded as investors unleashed their purchasing...